Tag: Funding
Y Combinator cuts nearly 20% of staff, scales back growth stage...
Y Combinator will be writing fewer checks for late-stage companies, a scale back that also cost 17 team members — or roughly 20% of...
Exploring Alternative Funding Sources for Startups and SMEs in Difficult Economic...
Incontestably, many businesses – small and big have collapsed or are facing imminent closures due to the effects of the current global economic crisis....
Co-Creation Hub to launch $15 million accelerator programme
Co-Creation Hub (CcHub), an innovation lab headquartered in Nigeria, has announced the launch of an accelerator programme that will commit $15 million to support...
Fintech startup TenureX shuts down after funding dries up
Israeli correspondent banking start-up, TenureX has shut down due to lack of funding.
“It is with a heavy heart that I must share the news...
Ethical smartphone FAIRPHONE gets €49 million funding
Ethical smartphone brand Fairphone has secured €49 million in fresh funding, with the company set to use the cash for a range of brand...
50 African tech founders launch Pando DAO to drive development across...
In recent times, the African tech ecosystem has been on a steady upward trajectory. This year, venture funding on the continent is projected to...
ECOBANK Fintech Challenge: 6 African startups named finalists
Six African fintech companies have been declared finalists of this year’s Ecobank Fintech Challenge, and will now compete for a top price of US$50,000...
Herconomy expands into a fintech startup with new offerings for African...
Herconomy’s pre-seed raise is one for the history books. Last year, the startup shocked the tech ecosystem with its funding story. Within 24 hours...
SA software start-up SNAPT shuts down
South African tech start-up, Snapt has annoucned that it is shutting down, and analysts say it is due to lack of funding.
Founded in 2012,...
Kenyan start-up Sky.Garden face closure
Amidst news of global funding winter, Kenyan B2C marketplace Sky.Garden is facing reportedly closure.Â
TechCrunch reports that the Amazon-like start-up may be facing closure after...